B

Abshire Smith

5/10
IG logo

IG

8.3/10
7/10RegulationWinner9/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

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Overview

Abshire Smith was founded in 1997 and is headquartered in United kingdom, while IG was established in 1974 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $500 at Abshire Smith and $200 at IG.

IG wins this category
FeatureAbshire SmithIG
Min. Deposit$500$200
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Founded19971974
CountryUnited kingdomUK
Clients10,000+178,500+

Fees

Fees are a critical factor when choosing between Abshire Smith and IG, directly affecting your bottom line as a trader. IG has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; IG does not. Overall, IG scores higher on fees in our assessment.

IG wins this category
FeatureAbshire SmithIG
Min. Deposit$500$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Abshire Smith offers MT4, MT5, cTrader, while IG supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureAbshire SmithIG
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and IG compare. IG runs regular live webinars; Abshire Smith does not. IG has a video library; Abshire Smith does not. IG publishes daily market commentary; Abshire Smith does not. IG integrates third-party research tools (Trading Central); Abshire Smith does not. IG maintains an archive of past webinars for on-demand viewing. IG scores higher overall in education and research.

IG wins this category
FeatureAbshire SmithIG
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IG supports 3 (bank transfer, credit/debit card, PayPal). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.

IG wins this category
FeatureAbshire SmithIG
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and IG offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and IG supports 5, giving IG broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAbshire SmithIG
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, French, German, Spanish, and Portuguese